News & Analysis as of

Private Equity Firms D&O Insurance

Proskauer - The Capital Commitment

Portfolio Companies Continue to be a Source of Litigation Risk

A significant ownership stake in a portfolio company has always raised the specter of claims against funds, sponsors, and sponsor-appointed board designees, if for no other reason than they are perceived by the plaintiffs’...more

White and Williams LLP

Decade-High BigLaw Billing Rate Growth in 2019: Are D&O Insurers Paying More in Claims Defense for the Same or Worse Results?

White and Williams LLP on

Welcome to 2020, where BigLaw’s partner rates are expected to regularly cross the $2,000 an hour threshold for the first time! Associate rates have also skyrocketed — and now routinely exceed $1,000 an hour. As D&O insurers,...more

Pillsbury Winthrop Shaw Pittman LLP

Developments Highlight Secondary Liability Risks for Private Funds

DOJ settlement signals need for enhanced False Claims Act scrutiny. Private funds continue to face heightened secondary liability risks arising from their portfolio investments....more

Dechert LLP

Global Private Equity Newsletter - Spring/Summer 2019 Edition: Recent Developments in Acquisition Finance (Traps for Portfolio...

Dechert LLP on

A recent decision by the Superior Court of the State of Delaware highlights a risk of potential exposure to liability for individuals affiliated with private equity firms who are presumed to be covered by a directors’ and...more

Locke Lord LLP

Delaware Decision Limits Coverage of D&O Insurance Policies

Locke Lord LLP on

In a case with implications for director and officer protections, and of particular relevance to principals of private equity firms, the Delaware Superior Court recently denied two former directors coverage under a D&O...more

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